Regulation 50 Interpretation of this ChapterI1

In this Part—

• “qualifying amount” means any amount payable by a customer to a supplier under a supply contract, that is not an amount payable in respect of value added tax or climate change levy;

• “qualifying supply” means energy that a supplier supplies to a qualifying financially disadvantaged customer under a variable price contract during—

  1. (a)

     the period beginning 15 days after the scheme introduction date and ending on 31st March 2023, or

  2. (b)

     if the customer is a QFDC of the supplier only for a part of that period, that part of that period;

• “required reductions” has the meaning given in regulation 52(1);

• “required reductions rules” means rules made under regulation 52.